Pastec
ActiveThe computed 12-month bankruptcy probability of Pastec is 2.3% (moderate). The 2025 annual accounts show equity of €8k and a net result of €-5k. Equity is shrinking by ~2.9% per year across the filed fiscal years. Its solvency ranks better than 76% of 13306 sector peers (fiscal year 2025). The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
54
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0=
Solvency86▼-14
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
2.3%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
60.8%
Return on assets
-39.4%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year €-5k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 01-06-2026, 60 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
60 d early
2024
50 d early
2023
51 d early
2022
34 d early
2021
45 d early
2020
17 d early
2019
25 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
23-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€8k▼ 39.3%
2024 · €14k
2018: €9k
2019: €20k
2020: €22k
2021: €24k
2022: €25k
2023: €19k
2024: €14k
2018 → 2025
Total assets
€13k▼ 20.1%
2024 · €17k
2018: €38k
2019: €43k
2020: €38k
2021: €39k
2022: €30k
2023: €21k
2024: €17k
2018 → 2025
Net result
€-5k▲ 3.2%
2024 · €-5k
2018: €2k
2019: €12k
2020: €1k
2021: €3k
2022: €1k
2023: €-6k
2024: €-5k
2018 → 2025
Working capital
€5k▼ 36.1%
2024 · €7k
2018: €-11k
2019: €2k
2020: €6k
2021: €10k
2022: €13k
2023: €10k
2024: €7k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€24k-€25k▲ 4.8%€19k▼ 25.0%€14k▼ 28.9%€8k▼ 39.3%
Operating result€3k-€2k▼ 47.9%€-6k€-5k▲ 14.0%€-5k▲ 2.2%
Net result€3k-€1k▼ 56.5%€-6k€-5k▲ 13.4%€-5k▲ 3.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €5k in 2025 against €5k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €13k
Fixed assets
€4k▼ 43.0%
Current assets
€10k▼ 6.4%
Equity and liabilities €13k
Equity
€8k▼ 39.3%
Debt
€5k▲ 56.7%
The debt ratio rises from 20.0% to 39.2%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-2k▼
2024 · €-2k
Cash flow
€-3k▲
2024 · €-3k
Solvency
60.8%▼
2024 · 80.0%
Current ratio
1.87▼
2024 · 3.12
Quick ratio
1.71▼
2024 · 3.03
Debt / equity
0.64▲
2024 · 0.25
ROE
-64.8%▼
2024 · -40.6%
ROA
-39.4%▼
2024 · -32.5%
Interest coverage
-11.53▼
2024 · -6.68
Debt
€5k▲
2024 · €3k
Debt ≤ 1 year
€5k▲
2024 · €3k
Income taxes
€138▼
2024 · €140
Staff costs
€56▼
2024 · €3k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€17k€13k▼
Fixed assets21/28€6k€4k▼
Tangible fixed assets22/27€6k€4k▼
Land and buildings22€4k€3k▼
Plant, machinery and equipment23€2k€912▼
Furniture and vehicles24€616€180▼
Current assets29/58€11k€10k▼
Stocks and contracts in progress3€328€819▲
Stocks30/36€328€819▲
Amounts receivable within one year40/41€968€1k▲
Trade receivables40€333€1k▲
Other amounts receivable41€635€0▼
Cash at bank and in hand54/58€9k€8k▼
Deferred charges and accrued income490/1€70€72▲
Equity and liabilities
Total equity and liabilities10/49€17k€13k▼
Equity10/15€14k€8k▼
Contributions10/11€6k€6k=
Reserves13€2k€2k=
Distributable reserves133€2k€2k=
Profit (loss) carried forward14€5k€150▼
Amounts payable17/49€3k€5k▲
Amounts payable within one year42/48€3k€5k▲
Trade debts44€585€2k▲
Suppliers440/4€585€2k▲
Taxes, remuneration and social security45€3k€2k▼
Taxes450/3€1k€569▼
Remuneration and social security454/9€2k€2k▲
Other amounts payable47/48-€809
Income statement
Code20242025
Remuneration, social security and pensions62€3k€56▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€3k▼
Other operating charges640/8€3k€4k▲
Gross operating margin9900€4k€2k▼
Operating profit (loss)9901€-5k€-5k▲
Financial income75/76B€252€146▼
Recurring financial income75€252€146▼
Financial charges65/66B€374€207▼
Recurring financial charges65€357€207▼
Non-recurring financial charges66B€17€0▼
Profit (loss) for the period before taxes9903€-5k€-5k▲
Income taxes67/77€140€138▼
Profit (loss) for the period9904€-5k€-5k▲
Profit (loss) for the period to be appropriated9905€-5k€-5k▲
Appropriation of the result
Profit (loss) to be appropriated9906€5k€150▼
Profit (loss) brought forward from the previous period14P€11k€5k▼
The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
01-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
11-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
10-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €-6k ▼648%
Net result drops to €-6k, the lowest in the series; recovery starts the following year.
27-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Liquidity doublescurrent ratio 3.97
Current ratio from 1.74 to 3.97; short-term debt falls from €13k to €4k.
16-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
14-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
06-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Highest result since 2018net €12k ▲377%
Operating result €15k, net result €12k, both a record.
31-12
Financial
Liquidity triplescurrent ratio 1.16
Current ratio from 0.41 to 1.16; short-term debt falls from €18k to €14k.
27-05
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Schilde · 1 establishment unit since 2017
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Turnhoutsebaan 310/A2970 SchildeGround area
161 m²
Building footprint
161 m²
Volume, LiDAR
984 m³
Parcel 11922B0550/00P002, Flanders · tallest building 22.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Pastec
since 20172.262.587.257
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11922B0550/00P002 | Flanders | 161 m² | 1 · 161 m² | 22.5 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteSchilde2.262.587.257
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BE 0578.922.328
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Aybars
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Schaarbeek · Eq €8k
Of 21,896 companies in sector 56112 we hold annual accounts for 9,785. 6,428 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded24-02-2017
Fiscal year end31-12
Activities, NACEBEL
56102Limited-service restaurants
56112Limited-service restaurants, excluding mobile food services
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.